ATO Community

Ntf management by an art dealer

Newbie

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I am looking to have NFTs sold through and art dealer. The dealer would transfer a portion of the crypto received for a sale to myself. Is this a taxable exchange of assets? 

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Former Community Support

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Hi @SamHarrisonArt,

 

We'll require further information from you to allow us to properly characterise the nature of your income. We suggest that you submit an early engagement request that allows us to provide advice to you that takes into account your facts and circumstances and our early engagement team will be more than happy to help you out.

1 REPLY 1

Most helpful response

Former Community Support

Replies 0

Hi @SamHarrisonArt,

 

We'll require further information from you to allow us to properly characterise the nature of your income. We suggest that you submit an early engagement request that allows us to provide advice to you that takes into account your facts and circumstances and our early engagement team will be more than happy to help you out.